Inverted H&S pattern Setup
What I find interesting is that the trigger / neckline is at the Monthly pivot.
Trend is still down, and this trade is against it - Size it accordingly -
Entry: 1.5748 (Neckline / Monthly pivot)
Stop: below 1.5685 (100sma 1H)
Target: 1.5965 (Pattern target)
What I find interesting is that the trigger / neckline is at the Monthly pivot.
Trend is still down, and this trade is against it - Size it accordingly -
Entry: 1.5748 (Neckline / Monthly pivot)
Stop: below 1.5685 (100sma 1H)
Target: 1.5965 (Pattern target)
Trading success is not going to be entering winning trades, but how you exit your losing trades.